A number of firms have modified their ratings and price targets on shares of BlackLine (NASDAQ: BL) recently:
- 8/5/2026 – BlackLine was given a new $35.00 price target by Robert W. Baird.
- 8/5/2026 – BlackLine had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $36.00 price target on the stock.
- 8/5/2026 – BlackLine had its price target lowered by Piper Sandler from $37.00 to $35.00. They now have a “neutral” rating on the stock.
- 7/28/2026 – BlackLine was upgraded by Weiss Ratings from “sell (d)” to “sell (d+)”.
- 7/25/2026 – BlackLine was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 7/21/2026 – BlackLine had its “equal weight” rating reaffirmed by Morgan Stanley. They now have a $33.00 price target on the stock, down from $50.00.
- 7/21/2026 – BlackLine was downgraded by Scotiabank to “outperform”.
- 7/13/2026 – BlackLine was downgraded by Weiss Ratings from “sell (d+)” to “sell (d)”.
- 7/9/2026 – BlackLine was given a new $30.00 price target by DA Davidson.
Insider Activity
In other BlackLine news, Director Mika Yamamoto sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $28.48, for a total transaction of $85,440.00. Following the completion of the sale, the director owned 16,692 shares in the company, valued at $475,388.16. This trade represents a 15.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gregory Hughes sold 1,637 shares of BlackLine stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $30.25, for a total value of $49,519.25. Following the sale, the director owned 7,755 shares in the company, valued at $234,588.75. This represents a 17.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 9.10% of the company’s stock.
Key products and services within the BlackLine platform include Account Reconciliation, Task Management, Transaction Matching, Journal Entry, and Intercompany Hub.
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